Canadian stocks are likely to open on a mixed note on Tuesday with investors assessing the latest developments on the geopolitical front and tracking the trend in commodity markets.
While U.S. President Donald Trump said he asked both Israel and Hezbollah to halt hostilities, the Israelian Prim Minister Prime Minister Benjamin Netanyahu's description of the discussions was somewhat limited.
West Texas Intermediate Crude oil futures slipped to $90.12 a barrel before recovering to $91.00, still down by about 1.3% from previous close.
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Market Analysis
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.